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Stock Market & Financial Investment News

News Breaks
February 10, 2012
08:20 EDTDVN
theflyonthewall.com: Devon Energy downgraded to Market Perform from Outperform at FBR Capital
FBR Capital downgraded Devon based on continued weakness in natural gas and NGL prices. Price target remains $70. :theflyonthewall.com



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May 24, 2012
11:55 EDTDVN
theflyonthewall.com: Shale boom helping U.S factories, Reuters says

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May 23, 2012
12:44 EDTDVN
theflyonthewall.com: Devon Energy expects to spend about $1.4B in Permian Basin this year
Expects 30% oil growth in 2012. Plans to drill approximately 300 wells this year in Permian. Sees net production around 56 MBOED (76% liquids). :theflyonthewall.com
12:42 EDTDVN
theflyonthewall.com: Devon Energy says currently in the "sweet spot" of Canadian oil sands

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12:40 EDTDVN
theflyonthewall.com: Devon Energy sees around 710 MBOED at end of 2012
Of that, 40% oil and liquids. :theflyonthewall.com
12:38 EDTDVN
theflyonthewall.com: Devon Energy sees 905-955 MBOED by 2016

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12:36 EDTDVN
theflyonthewall.com: Devon Energy sees 5-year total production CAGR 6%-8%

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May 22, 2012
10:26 EDTDVN
theflyonthewall.com: On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Devon Energy (DVN) downgraded to Market Perform from Outperform at Wells Fargo... Knight Transportation (KNX) downgraded to Hold from Buy at KeyBanc... Lowe's (LOW) downgraded to Neutral from Overweight at Piper Jaffray... Redwood Trust (RWT) downgraded to Underperform from Market Perform at FBR Capital... McKesson (MCK) downgraded to Buy from Conviction Buy at Goldman... Charles Schwab (SCHW) downgraded to Underperform from Market Perform at Raymond James. :theflyonthewall.com
05:49 EDTDVN
theflyonthewall.com: Devon Energy downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded Devon Energy saying the company lacks a niche within the large cap space. The firm lowered its price target range for shares to $65-$71 from $74-$80. :theflyonthewall.com

May 18, 2012
06:08 EDTDVN
theflyonthewall.com: Devon Energy initiated with a Neutral at Susquehanna

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